J D Factors Closes Five Transportation Company Factoring Facilities
J D Factors announced it provided nearly $2.5 million in factoring facilities to five transportation companies in North America.
J D Factors announced it provided nearly $2.5 million in factoring facilities to five transportation companies in North America.
Heartland Payment Systems said it completed its acquisition of TouchNet Information Systems with funding from a $375 million term loan, which was part of a new $775 million facility arranged by BofA, BMO and SunTrust.
Canyon Midstream Partners said it secured a $50 million credit facility with Wells Fargo as administrative agent. Wells Fargo Securities was sole lead arranger with RBC acting as syndication agent.
Avid Technology said it entered into an amendment to its revolving credit agreement with Wells Faro Capital Finance, as lender and administrative agent, that changed the maximum amount available under each of its facilities.
The Puerto Rico Electric Power Authority announced that Lisa J. Donahue, global leader of the Turnaround and Restructuring group at advisory firm AlixPartners, has been appointed as chief restructuring officer.
According to the American Bankruptcy Institute, more American consumers and businesses have avoided making a trip to bankruptcy court in 2014.
Zacks Equity Research reported that U.S. banks now face another liquidity rule which may hamper their lending activities.
Deloitte Corporate Finance announced it named Thomas W. Sloop as managing director in its Houston office.
iSatori announced that Colorado Business Bank renewed and expanded its commercial bank line of credit availability for iSatori from $1.5 million to $2 million, based on the company’s operating performance and assets.
Main Street Capital announced it fully exited its investment in American Sensor Technologies, a manufacturer of high performance sensors.